I think your valuation of TPT investment is about 20% of what it is worth... 5m shares at 54.5c last trade does not equal $1m. It equals $2,725,000 or $725,000 more than what they paid for them.
Why are you valueing Georgia at $0? Because of one stuffed up well? Or because they haven't hit anything yet. If that is the case then Puntland should be $0 too.
T&T not really worth $1bn yet. Only paid for it $100m or thereabouts. Would be more conservative and say maybe $200-300m.
Maybe you had too much red wine?
RRS Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held